While U.S. taxpayers continue to subsidize the world’s biggest fossil fuel companies, the African desert kingdom of Morocco just announced plans to phase out payouts to companies pumping fossil fuels. According to Responding to Climate Change (RTCC), Morocco recently made a pledge to the United Nations toreduce greenhouse gas emissions 32 percent by 2030, compared to “business as usual” projected emissions. Key to meeting that pledge is their promise to substantially reduce fossil fuel subsidies.
Read the rest of Morocco boldly pledges to slash fossil fuel subsidies
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Post tags: Africa, Climate Change, greenhouse gas emissions, morocco, morocco axing fossil fuel funding, morocco cutting fossil fuel subsidies, morocco first company to cut fossil fuel subsidies, morocco pledges to cut fossil fuel subsidies, Paris climate change agreement
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